Retail giant Next lost a major equal pay case this week, resulting in an estimated £30m bill to foot but what does this mean for businesses? Lawyers tell City A.M. …
Personal Finance
From Wimbledon to Glastonbury and Glyndebourne, the wine to drink to celebrate summer
Summer, and all its events, is coming to a close, but what does your favourite celebration say about you and what you should be drinking, from Wimbledon to Glastonbury and …
West Brom owner forced to invest seven-figure sum months after £60m purchase
West Brom’s new owner Shilen Patel has invested a further £5m in the club this summer – less than six months after his £60m purchase. The American businessman has agreed …
Funerals giant Dignity cuts loss by almost £300m after quitting London Stock Exchange
Funerals giant Dignity dramatically cut its pre-tax loss by almost £300m in the year it quit the London Stock Exchange, it has been revealed. The Sutton Coldfield-headquartered group, which delisted …
Green light finally expected for £2.5bn Barratt and Redrow mega-merger
The £2.5bn mega-merger of housebuilders Barratt and Redrow looks set to be finally given approval by the Competition and Markets Authority (CMA). The watchdog launched an investigation into the proposed …
Victoria Beckham’s beauty brand bucks luxury fashion downturn again
Victoria Beckham’s eponymous beauty brand has reported its third consecutive year of double-digit growth, bucking the trend of much of the luxury market. Its positive results came after it clambered …
Europcar: Airport passengers help UK sales pass milestone
An increase in people hiring cars at airports helped revenue at the UK arm of Europcar surpass £400m during its latest financial year. The Leicester-headquartered division has reported a revenue …
The Savoy Hotel feels the pinch as London’s luxury market gets even more competitive
The Savoy Hotel is feeling the impact of an increase in competition in London’s luxury hotel market after its pre-tax loss widened during 2023, it has been revealed. The hotel …
Seeing Machines: Revenue accelerates but losses mount as transition drags
Driver monitoring technology company Seeing Machines has reported an expected revenue of $67.6m (£51.1m) for its financial year 2024, marking a 17 per cent jump from $57.8m (£43.7m) reported for …
Platform Housing: Turnover up as investment in existing homes trumps construction of new ones
Platform Housing Group has reported a strong start to the year, although the rate of new-build homes has fallen with the focus shifting to improving social rented properties. Turnover at …